BGN Entrepreneur

Ian Coull is musing on what could be the defining moment of his career. Segro, the company that Mr Coull has headed ever since 2003, is poised to swallow up Brixton, which is the biggest rival of Segro for years in the industrial property market.
The deal would have been inconceivable a few months ago, when Segro was struggling with a £2.4 billion debt pile, but after raising £524 million through a rights issue with a hefty 87% discount, the company, which is formerly known as Slough Estates, after the town where it began, was ready to be a predator.

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